Assistant Vice President Internal Audit Interview Questions and Answers

Options give the holder the right, but not the obligation, to buy or sell an asset at a specified price. Forward contracts are agreements to buy or sell an asset at a future date for a specified price. Swaps involve exchanging cash flows or assets with another party.

• Options provide the holder with the right, but not the obligation, to buy or sell an asset at a specified price within a certain time frame.

• Forward contracts are agreements between two parties to buy or sell an as...read more